<u>Answer</u>:
B
<u>Explanation:
</u>
Consequential damages are the spacial damages that occur not a direct accident but occur due to the consequences of the incident. These damages are not recoverable but can be recovered under the law of tort.
For example: if someone is driving a car and seen an accident at the roadside, the driver does not concentrate at met with an accident. So the first car accident person is not responsible for that directly but is responsible indirectly. The second driver can not take compensation from the first person who was on the road aside.
<u>There is such type of damages as:
</u>
- Limitation of liability damages
"<span>When housing prices fall, consumers are more likely to </span>default<span> on their home loans, causing banks to lose money. Also, home equity dries up, meaning that consumers have fewer funds available for spending, saving, investing or paying down their debts. Sometimes, banks are even forced to shut down."</span><span>
Read more: How does a decline in housing prices affect the banking sector? | Investopedia http://www.investopedia.com/ask/answers/032315/how-does-decline-housing-prices-affect-banking-sector...
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